Top 10 highest paying careers in Malaysia

Top 10 highest paying careers in Msia

March 14, 2014

Here are the top 10 highest paying Malaysian jobs in 2014; some of them may surprise you and some of them are only to be expected.

http://www.freemalaysiatoday.com/category/leisure/2014/03/14/top-10-highest-paying-careers-in-msia/

FEATURE

By Caitlyn Ng
Growing up, one will always have such lofty dreams and ambitions, some of which will involve “making it big” in the corporate world (think tailored suits and powerful deals) or on the big stage with the spotlight and all the attention focused on one. Others will be wanting to save lives, both in the medical profession and the public services profession. No matter what those dreams and ambitions may be, there are no rights and no wrongs, only whether they have been achieved or changed along the way.

Fresh graduates will be thinking of the salaries they can command in their respective fields, it’s an aspect that many will consider before taking up the degree that will ultimately lead to their dreams / ambitions. SaveMoney.my delves into the topic of the top 10 highest paying Malaysian jobs in 2014; some of them may surprise you and some of them are only to be expected.
These findings are taken from JobStreet.com who used their “salary matching feature” in order to conduct a study to find out average salary for each sector.

10) IT – Software (~ RM2,452/month)
What is IT? Apart from it being the acronym for “information technology” (any child can tell you that now, such is the hold that technology has over people nowadays!), it can be divided into two main categories: software and hardware. The former is referring to the programs within a computer, regardless of their architecture, and it has a non-tangible nature. Engineers who are tasked to maintain the software have to ensure that the programs installed are able to run the computer systems or hardware.

The nature of this job may sometimes cause the engineers to have odd working hours as the programs may crash at any time of the day, hence jeopardising business.

9) Sales – Corporate (~ RM2,456/month)
Don’t misunderstand, this job is very dissimilar to the normal salespeople who accost you and pitch their talk for all sorts of things by the sidewalks or in eateries. The word “corporate” should already be a give-away; this position requires one to be able to close large orders or sales between their company and another, all while maintaining close business ties and safeguarding relationships. For example, if Fuji Xerox were to sign a deal with Mercedes in order to provide all their offices with printers nationwide.

The amount of money that is transacted between these two large companies and the significant amount of profit earned would therefore ensure that the salespeople in Fuji Xerox will be working very hard in order to maintain their relationships with Mercedes in order to secure them for any future transactions.

8) Actuarial Science (~ RM2,475/month)
Now this is an interesting position to be working in, as it involves the application of “mathematical and statistical methods to assess risk in insurance, finance and other industries and professions”.

Putting it simply, it means that an actuarial scientist is required to be fully qualified to perform a whole lot of calculations that actually includes a range of other subjects such as financial economics, probability and statistics. This is in order to estimate future contingent events for long-term insurance coverage that requires the knowledge to discount the value of funds set aside and invested.

These long term coverage required that money be set aside to pay future benefits, such as annuity and death benefits many years into the future.

7) Aviation (~ RM2,533/month)
This field was once the writer’s dream job, believe it or not. Given the chance to pilot a plane into the clear blue skies, free as a bird, and watch the earth fall away behind. But we aren’t here to reminisce about dreams gone by! Aviation is best defined as “design, development, production, operation, and use of aircraft”, and the word was first created in 1873 by a French writer and former naval officer, Gabriel La Landelle. In our previous article, Top 5 Highest Paying Jobs, a pilot is able to command a respectable salary that puts it on the number one spot with all the risks that they have to bear when in charge of an aircraft.

The people who are responsible for building and maintaining a solid and safe carrier, whether civil or otherwise, are also responsible in bearing the risks. Hence, it isn’t hard to see why this field makes this list.

6) Geophysics (~ RM2,600/month)

There are two ways to look at this field. One is through the olden-day definition where it is only concerning the geological applications: Earth’s gravity pull and its internal structure, amongst others. However, modern-day definition now takes into consideration the hydrological cycle (oceans and ice) as well as the factors that associate with other planets in the solar system. Sounds complicated? It sure is!

Not only does this field include people who study about all of the aforementioned elements, such as those who spend most of their time outdoors studying various features of the Earth or use computers for modelling and calculations, it can also involve people who are working in the oil and gas industries as they try to tackle the complex energy challenges faced by today’s modern world.

5) Sales – Engineering / IT (~ RM2,612/month)
Once again, this field is far removed from the individualistic sales that depend on consumer-type sales methods; instead, it relies more on the salesperson having in-depth technical information and problem solving skills about the product or service. This is so that he or she will be able to provide advice and support (in terms of pre-sales and post-sales support). Not everyone is tech-savvy who will be able to understand the technical language that inevitably comes in this field, so one will need the patience and the ability to translate it for non-technical people.

A keen interest in all things engineering and IT will also be beneficial as the IT industry is expanding worldwide whereas the sales engineer will need to tailor solutions as they need to interact with customers having problems with equipment or are seeking a quick fix.

4) Doctor (~ RM2,719/month)

Here, we have the one job position that many, if not all, parents secretly hope their children will take an interest in. Not only is it a noble profession that garners a lot of respect where one will be able to serve others and save lives, but the job itself also pays considerably well. Generally, these people can also be known as physicians or medical practitioners, and they “promote, maintain, and restore health through studying, diagnosing, and treating illnesses, injuries, and other physical ailments”.

Since there is a need for most of the doctors to be at work for irregular, and sometimes very long, hours due to the need for them to be on standby (for emergency cases), they are able to command a higher pay as their years of experience increase. In addition, doctors are able to branch out into various fields of speciality, such as for the brain, blood, female reproduction or children.

3) Sales – Financial Services (~ RM3,054/month)
Financial services actually encompass a broad range of organizations that manage money but it can best be described as the intangible economic services that are provided by the finance industry. The individuals who work in this industry are the ones who are qualified to “sell securities to individuals (such as life insurance or retirement income), advise companies in search of investors, and conduct trades.” This is in addition to the basic sales skills of managing consumer behaviours and maintaining relationships.

Some of the primary responsibilities that are tasked to these financial salespeople would be to determine the financial needs of clients as well as the areas of improvement in order to assist them in achieving financial security.

2) Corporate Strategy (~ RM3,200/month)

Concerning the need for companies to create value across different businesses, this field requires its strategists to understand the way that the operations of a corporation harmonise together to achieve its goals as well as its overall scope and direction. You will be required to know how to respond to pressures from competitors as well as external issues that involve the needs of customers. This is called strategic planning for the company in order to position the company towards its chosen approaches.

In short, one can actually say that it is all about “specifying the organizations objectives, developing policies and plans designed to achieve these objectives, and then allocating resources to implement the plans”.

1) Pharmacy (~ RM3,640/month)
Finally (but not least), we have the top field that a fresh graduate will be able to rake in the big bucks with: pharmacy. What immediately pops into your head as you read that word? The person in the oversized white lab coat who stands at the back of places like Guardian or Watson’s? That’s quite correct, yes, but did you also know that in this field, a pharmacist is able to work in different sectors such as in the nuclear pharmacy, which involves “preparing radioactive materials for diagnostic tests and for treating certain diseases, thereby requiring additional training specific to handling radioactive materials”.

However, to put it simply, it is essentially a science that requires precise techniques to prepare as well as dispense drugs and medications. The primary aim for pharmacists is to ensure the safe and effective use of pharmaceutical drugs.

Top 10 Highest Paying Careers

Now that you are armed with a rough idea of how much these positions are likely to be paying out for fresh graduates with newly minted degrees, SaveMoney.my wishes all of you the best of luck in going out there and conquering the job market!

Job Title	Average Salary per Month
Pharmacy	RM3,640
Corporate Strategy	RM3,200
Sales – Financial Services	RM3,054
Doctor	RM2,719
Sales – Engineering / IT	RM2,612
Geophysics	RM2,600
Aviation	RM2,533
Actuarial Science	RM2,475
Sales – Corporate	RM2,456
IT – Software	RM2,452

Caitlyn Ng is an Investigative Journalist of SaveMoney.my, an online consumer advice portal which aims to help Malaysians save money through smart (and most of the time painless) savings in their daily banking, technology, and lifestyle spending habits.

Comments

TH Plantation traded in large volume - Koon Yew Yin

TH Plantation traded in large volume - Koon Yew Yin

Author: Koon Yew Yin | Publish date: Thu, 24 Apr 11:03

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http://klse.i3investor.com/blogs/koonyewyinblog/50812.jsp

Koon Yew Yin - 24^th April 2014

Yesterday the total volume traded for T H Plantation was 2.6 million shares, while its daily average traded is only about 200,000 shares. The share price traded between Rm 2.03-2.05 and closed at Rm 2.04, up one sen.

In my previous article I posted on 27^th March 2014 with a title ‘Best Time to buy Plantation Shares’. My main reason for writing the article was to alert readers that due to the recent price increase of CPO, almost all plantation companies will be able to make additional profit which is the strongest catalyst for pushing share prices up.

In that article, I stated that I was buying TH Plantation among a few other plantation shares I was buying. This exceedingly high volume traded attracted my attention.

The Computer can tell you everything you want to know

As I am only a novice in technical analysis, I have to find out the importance of volume in predicting price movement in order to write this article. So I found out from the computer which can tell you everything you want to know.
   
The two methods commonly used to analyze securities and make investment decisions are fundamental analysis and technical analysis. Fundamental analysis involves analyzing the characteristics of a company in order to estimate its value. Technical analysis takes a completely different approach; it doesn't care one bit about the "value" of a company. Chartists are only interested in the price movements in the market.

Despite all the fancy and exotic tools it employs, technical analysis really just studies supply and demand in a market in an attempt to determine what direction, or trend, will continue in the future. In other words, technical analysis attempts to understand the emotions in the market by studying the market itself, as opposed to its components. If you understand the benefits and limitations of technical analysis, it can give you a new set of tools or skills that will enable you to be a better trader or investor.

While price is the primary item of concern in technical analysis, volume is also extremely important.

What is Volume?

Volume is simply the number of shares traded in one day. The higher the volume is the more active the security. To determine the movement of the volume (up or down), chartists look at the volume bars that can usually be found at the bottom of any chart. Volume bars illustrate how many shares have traded per period and show trends in the same way that prices do.

Why Volume is Important

Volume is an important aspect of technical analysis because it is used to confirm trends and chart patterns. Any price movement up or down with relatively high volume is seen as a stronger, more relevant move than a similar move with weak volume. Therefore, if you are looking at a large price movement, you should also examine the volume to see whether it tells the same story.

Volume should move with the trend. If prices are moving in an upward trend, volume should increase (and vice versa). If the previous relationship between volume and price movements starts to deteriorate, it is usually a sign of weakness in the trend. For example, if the stock is in an uptrend but the up trading days are marked with lower volume, it is a sign that the trend is starting to lose its legs and may soon end.

Volume and Chart Patterns

The other use of volume is to confirm chart patterns. Patterns such as head and shoulders, triangles, flags and other price patterns can be confirmed with volume, a process which we'll describe in more detail later in this tutorial. In most chart patterns, there are several pivotal points that are vital to what the chart is able to convey to chartists. Basically, if the volume is not there to confirm the pivotal moments of a chart pattern, the quality of the signal formed by the pattern is weakened.

Volume Precedes Price

Another important idea in technical analysis is that price is preceded by volume. Volume is closely monitored by chartists to form ideas on upcoming trend reversals. If volume is starting to decrease in an uptrend, it is usually a sign that the upward run is about to end.

Good Luck

Malaysia's most in-demand skills !!!!

Do you have the skills Malaysian bosses need?

By: Lee Kuen Tan, Malaysia

Published: Jan 20, 2014

 

RECRUITMENT JOB DEMAND EMPLOYMENT MARKET
Malaysia - CFOs, IT business analysts, sales managers and geologists are just four of the skills in demand as the job market heats up this year in Malaysia.

According to Hays Malaysia's latest Hays Quarterly Hotspots list of skills in demand, the first quarter of the year will see movement in the jobs market. One of the main priorities is to address skills shortages, particularly in accountancy, sales, IT and oil & gas.
 
"It's still early days for 2014, but we have already noted an increase in candidate applications, which will ultimately lead to more movement in the jobs market," said Chris Mead, regional director of Hays in Malaysia and Singapore.

"In addition to the traditional movement of candidates post-bonus, employers are beginning to implement their 2014 growth plans, which is creating many exciting opportunities for top professionals," he said.

One of the key concerns is addressing the skills shortage. "Skills shortage exists across the board, particularly for more experienced candidates. Candidates with niche experience also continue to be in demand," he said.

Adding to demand is the trend to localise roles, as well as the regional expansion of local firms.
"In the banking sector, most firms are tapping into the growing Islamic banking markets in the Middle East."
 
He also noted GST implementation and Basel requirements are adding to candidate demand in the accountancy and finance jobs market.

Here are Malaysia's most in-demand skills:
- Financial controllers
- Commercial finance Managers
- CFOs
- Islamic product development managers
- Talent managers
- Compensation and benefits managers
- IT security
- IT business analysts
- Exploration geologists, development geologists, and reservoir and petroleum engineers
- National sales managers
- Digital marketing managers
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Karpal Singh - A man who is said to be Anti-Islam but defend 4 Malay students -- Rest in Peace

Jack Ma’s Last Speech as Alibaba CEO

Last Friday in Hangzhou, China, Alibaba celebrated Taobao’s tenth anniversary (pictures below). But it didn’t feel like it was really entirely a celebration for Taobao. I’m sure that while enjoying the songs and dances at this concert-style event, at the back of the mind of everyone at the stadium was that it was Jack Ma’s last day as CEO.

True enough, Jack Ma’s speech reflected that. It felt a little more like a goodbye speech from the founder as he moves on to become chairman. It was a speech that paved the way for Jonathan Lu to take over his position as Alibaba’s CEO.

“Small businesses are where most of the Chinese dreams live”

After a couple of hours of music and extravaganza – including Ma himself singing – he gave his speech to the roaring stadium audience of over 20,000 employees, merchants, and guests. Below is our unofficial translation of Jack’s speech. I do hope it captured a large part of what he communicated:

Jack Ma: In the last ten years, there are many people who have paid a big price to live this dream. For our dream, we have walked ten years. I have been thinking, even if someone had removed 99 percent of Alibaba’s assets, we are still worthy. We have no regrets. We have our team, our partners, and friends. What is the thing that has made Alibaba what it is today? What is the thing that has made me what I am today? I have no reasons to succeed. Alibaba and Taobao have no reasons to succeed either. But today, we have walked so far and for so many years with so many aspirations for the future. I believe, it is trust that has made us walk this far.

When no one believes in the future, we chose to believe… we chose to trust.. that 10 years later, China will be better. We chose to believe that our colleagues will do better than myself. I believe, the younger generation of Chinese will do better than us. I’m very thankful that my colleagues have trusted me. It’s tough to be a CEO but being a CEO’s employee is even tougher. At times when trust was doubted, people actually bought things online, even when they haven’t even seen the items before. Over thousands of kilometers, through an unknown person, the goods fall safely into your hands. Today’s China has trust and belief. Everyday, there are 24 million transactions on Taobao signifying China’s trust.

I’m proud to be everyone’s colleague and working partner. Even after life, we will still be colleagues. Because of you, it allows this generation to see hope. All of you are building a new kind of trust. This trust helps to make the world more open, more transparent, and more responsible. I feel proud of you. Today’s world is ever-changing. 30 years ago, we didn’t expect what would have happened today. We didn’t expect China to be a manufacturing giant. We didn’t expect computers to be part of everyone’s life. We didn’t expect the internet in China could grow so rapidly. We didn’t expect Taobao can rise. We didn’t expect Yahoo could become what it is today. We’re in a rapidly changing world. We didn’t expect we can all sit together today to celebrate and look forward to the future.

Computers are fast, the internet is even faster. When we haven’t really understood what is mobile internet, big data comes along. Times of change are for the younger generation. Today, a lot of young people think that big companies like Google, Baidu, Tencent, and Alibaba took all of your chances to succeed. Ten years ago, when we saw numerous giant companies, we were also once lost and worried. Do we have a chance? But ten years of determination, we have walked to today. If it wasn’t a time of change, the younger generation would not have a chance. We don’t need a rich father to succeed. What we have is determination and a vision. A lot of people hate change, but because we have embraced this change that’s why we have a future. The next 30 years, this world and China, will have even more change. This change is an opportunity for everyone. Grab this chance.

A lot of people complain about yesterday. We have no power to change yesterday. But this very day, 30 years later, is what we can control and decide. Change yourself, take baby steps, and stay determined for ten years. I thank the times of change and everyone’s complaints. Because when everyone is complaining, that is your chance, an opportunity. It’s only in times of change that someone can be clear of what he has and wants, and what he needs to give up.

Building Alibaba for 14 years, I’m honored that I’m a businessman. As we enter the modern age, it’s a pity that business people don’t get the respect they deserve. Business people in this age aren’t just doing business for profits. I think, we are the same as any artist, educator, and politician who’s doing our best to make this society complete. 14 years in business made me understand life, hardship, determination, and responsibility. It also made me understand that when other people succeed it means we have succeeded as well. What we look forward to most is the smile on our employees’ faces.

After today, I will no longer be a CEO. From tomorrow onwards, business will not be my sole focus. 14 years into business, I feel proud. In this world, no one can say that they will not age – make no mistakes, and be undefeatable. To make sure a company doesn’t age and make no mistakes, I chose to believe the younger generation. By believing in them, you also believe in the future. So I will not return to Alibaba as CEO. There’s no use for me to return because all of you will do better.

Building a company to this size, I feel humbled and proud. But what we have contributed to society is only just a start for Alibaba. What we achieved today, has greatly surpassed the efforts we have put in. This society, at this time, for Alibaba to continue to prosper, we have to solve problems in society. There are so many problems in society and these are opportunities for everyone. If there isn’t any problem, then there’s no need for all of you. All people of Alibaba, please continue to serve small businesses. Because small businesses are where most of the Chinese dreams live. 14 years ago, we set a mission that there will be no business too hard to do, helping small enterprises to grow. Today, this mission lies in your hands. People say e-commerce and the internet created an unfair advantage. But my understanding is that the internet created a truly fair platform.

Moving forward, I will be doing things that I’m interested in, such as working on education and the environment. Besides work, let’s work hard together to improve China. Let the water be clear, the sky be blue, and the food be safe. Everyone, please! (Jack Ma kneels down to the audience).
I’m very honored to introduce you to Alibaba’s future leader and team. They have worked with me for many years and understood me better than myself. Jonathan Lu worked for 13 years at Alibaba and has been through multiple positions and hardships. I should say both tears and smiles are equally the same. Taking over Ma Yun’s (Jack Ma’s) position is very difficult. I can walk till today all thanks to everyone’s trust. Because of trust, it has made the journey easy. I believe and I also urge everyone to support and trust Jonathan Lu and the team as you have always supported and trusted me.

Thank you everyone! From tomorrow onwards, I will live my own life of choice. From tomorrow onwards, life will be my work.

Best Time to buy Oil Palm Plantation Stocks - Koon Yew Yin

Best Time to buy Oil Palm Plantation Stocks - Koon Yew Yin

Author: Koon Yew Yin | Publish date: Thu, 27 Mar 21:59

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Koon Yew Yin 27^th March 2014 from i3 investor .com

Like most commodities, palm oil price also moves in cycle. There are several reasons why commodity price is cyclical in nature. The price of any product depends largely on the theory of supply and demand which also depends on other economic factors such as economic expansion, recession, interest rate and other factors, all of which are also cyclical in nature.

A few weeks ago, I posted an article under the title ‘Palm Oil Price Trend’ on this forum where I said the average CPO price was Rm 2,250 for last year per ton and in the recent Malaysian Palm Oil conference, all the experts expect CPO price to rise to Rm 3,000 soon. The average CPO price for this year will most likely be about Rm 2,750 per ton. As a result, all plantation companies will enjoy an additional profit of RM 500 per ton for no additional effort, literally for doing nothing.

As we all know, due to the poor CPO price for last year, the share price for all plantation companies have been depressed. Most of them are on cheap sale.

Since the CPO price is at the beginning of the uptrend cycle, all plantation companies will show increasing quarterly profit in the next several quarters.



About 80% of my total investment is on the plantation sector. I have Kulim, FGV, SOP, TH Plantation and Jaya Tiasa and their closing prices are Rm 3.40, 4.46, 6.40, 2.00 and 2.75 respectively. I must warn you that if you decide to buy, you are doing it at your own risk.